USD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.9030 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.8983 which is a level that lies underneath an overlap support. Take profit is at 0.9098 which is an overlap resistance that aligns...
this is a controlled pump man, i cant stress it enough. please be careful and just be zen
I am so holistically happy. Life just ramped up onto an entire higher octave Last night I witnessed my new algo running beautifully, thus absorbing my 'open trade' anxieties. This morning it's confirmed my 3rd child is on their way We're buying a new house and my wife gets to be a full time mom again. Life is immeasurably great The age we live in makes me...
Key Cautionary Zones Strategic Insights on the GBPJPY and USDJPY! The market is paying attention to what may happen next to the JPY pairs. The BOJ raised interest rates but the impact was insignificant. On the other hand, they commented that the exchange rate was not important in influencing the inflation rate. However, at the same time, it is not clear...
This could be a short or long term play - but definitely expecting a quick move to 158 before building more liquidity for the teal breakout Happy Trading :) - TraderDaddyOG
COINBASE:RENDERUSD A rare pattern is observed on Render in the daily - a near perfect W Bottom pattern. Now there are a few rules for a chart pattern to qualify and we're not quite out of the woods yet. The next phase should be a retest of the neckline, where we need to keep CLOSING daily candles ABOVE. A break under this support zone will invalidate the...
🚨GBPUSD: What's Next? BOE leaves policy rate unchanged at 5.25% 🚨BoE left the policy rate unchanged at 5.25% as widely expected The price is also facing strong support near 1.2450. How can the price react in this area? Be careful as GBP can get stronger when you least expect it. It reacted lower before the opening of the BOE meeting, but it is not necessary to...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hello Traders! My speculation of a higher Pound Dollar was correct. I had the stance of a Bearish Pound Dollar but had to change that speculation because other correlated pairs were not showing signs of wanting to go lower.
The AUDCAD has been in a strong bullish trend as evident on the daily time frame. We are looking for a trend continuation opportunity if price action plays out as described in the video. Throughout the video we discuss the trend, price action, market structure and other important aspects of technical analysis, and we look at a potential trade idea. Remember,...
Hello Traders and Investors, today I will take a look at Nvidia . -------- Explanation of my video analysis: Over the course of the past seven years, Nvidia stock has been trading in a pretty obvious rising channel formation. As we are speaking, Nvidia stock is approaching once again the upper resisance trendline. However this does not mean that we will see...
Could this be a possible selling zone for GBPNZD? Based on what price action is telling, the market is still bearish overall using the weekly TF. I'm anticipating sell for this pair based on the confluences that i'm getting at the current price range
The US dollar is showing a notable downturn after today's CPI figures were released at 3.4%, down from the previous 3.5%. This reinforces market sentiment that the Fed is unlikely to hike rates, especially after comments made by Powell yesterday. This scenario supports a risk-on environment, especially considering the bearish Elliott Wave structure in the US...
We got a nice rally up from our accumulation zone for a nice trinity model 2 play. We love to see it. Good old trinity model never fails. If you waited for the pull back you would have netted 11X on that trade, not bad for watching a random video on trading view. For the next trade I am looking for a reaction off the range high (possible but unlikely) and the...
Bitcoin is currently in a downtrend, which we can observe on the daily time frame. It has been forming a pattern of lower lows and lower highs. However, there’s an interesting development when we zoom in to the 30-minute time frame. On the daily chart, BTC retraced and moved away from an optimal entry point. But on the 30-minute chart, using the same strategy, we...
Below mentioned points are discussed in my post analysis video(Fast forward to 0:33 for Hindi Audio) -No Trades in the morning -NO Volumes in nifty before 10 -22240 Break Triggered a Sell -How will i trade when market opens tom
Natural Gas stock Bulls NatGas Support & Resistance Guide AMEX:UNG Stock Forecast USO Oil Stock Forecast DXY US dollar Stock Forecast Gold XAUUSD Stock Forecast Silver XAGUSD
Just keep it simple! Let me know when you start to see it! Happy Trading :) - TraderDaddyOG